Idaho Health Insurance - Copy.

Idaho Health Insurance
Agen/Producer - correct answer-a person who acts for another person or entitty known as
the principal with regard to contractual arrangements with third parties; a legal rep of an
insurance company

Agent/angency contract - correct answer-a contract that is held between an insurer and an
agent/producer, containing the expressed authority given to the agent/producer, outlining the
duties and responsibilities to the principal.

Applican or proposed insured - correct answer-a person who requests or seeks insurance
from an insurer

Death benefit - correct answer-the amount paid when a claim is issued against a policy of
insurance

insurance policy - correct answer-a contract between a policyowner and an insurance who
may or may not be the applicant or policyowner

insured - correct answer-the person covered by the policy of insurance who may or may not
be the applicant or policyowner

insurer - correct answer-the company who issues a policy of insurance

life insurance - correct answer-a coverage upon a person's life, and granting, purchasing or
disposing of annuities

policyowner - correct answer-the person who is entitled to exercise the rights and privileges
in the policy and who may or may not be the insured

premium - correct answer-the money paid to the insurance company for the policy of
insurance

agent, applicant, and the proposed insured - correct answer-people who must sign the
application

Paramedical report - correct answer-completed by a paramedic or a registered nurse

Attending Physician's Statement - correct answer-completed by a medical practitioner who
treated the applicant for a prior medical problem

paramedical report or attending physician's statement - correct answer-two test that can be
required for applicants